AVP, Statutory Accounting

Allied World•New York, NY

1d•$130,000 - $150,000

About The Position

Responsible for external statutory financial reporting for insurance companies and maintaining compliance for internal and external vendors. Duties & Responsibilities: - Manage the preparation and filings of the US statutory financial statements and regulatory reports. - Manage staff and provide guidance, prioritize workload, and ensure high-quality and timely deliverables. - Ensure accuracy and completeness of statutory filings including quarterly and annual statements, taxes, and regulatory disclosures. - Review and approve statutory journal entries, reconciliations, and supporting documentation for regulatory disclosures. - Ensure compliance with regulatory requirements, NAIC proposals and adoptions, and updates to Accounting Practices and Procedural manual. - Liaise with external and internal auditors. - Assist with state examination request and other regulatory request.

Requirements

Bachelor’s degree in finance and CPA designation preferred.
6+ years’ experience in the insurance industry preferably with a focus on statutory accounting.
Knowledge and demonstrated experience in GAAP and STAT accounting standards.
Advance level Excel skills and SAP experience.
Demonstrated creative and critical thinking skills.
Able to work on multiple projects simultaneously
Strong communication and presentation skills

Responsibilities

Manage the preparation and filings of the US statutory financial statements and regulatory reports.
Manage staff and provide guidance, prioritize workload, and ensure high-quality and timely deliverables.
Ensure accuracy and completeness of statutory filings including quarterly and annual statements, taxes, and regulatory disclosures.
Review and approve statutory journal entries, reconciliations, and supporting documentation for regulatory disclosures.
Ensure compliance with regulatory requirements, NAIC proposals and adoptions, and updates to Accounting Practices and Procedural manual.
Liaise with external and internal auditors.
Assist with state examination request and other regulatory request.